regulation

by Michael Pettis After three weeks of traveling it is good to be back in Beijing, even though now I have to work through the mountain of very fattening mooncakes my very kind students have given me for Mid-Autumn Festival Day.  While…

by Annaly Capital Management Lest anyone think we missed it, on August 31st the FDIC put out its Quarterly Banking Profile for the second quarter of 2010. The headline was glowing: “Quarterly Earnings Are Highest in Almost Three Years.”…

Topic of the Day: Banking Regulation Banking reforms will give Mervyn King too much power, warns Myners | Business | The Guardian YouTube - Obama May Name Warren as Interim Consumer Agency Head: Video FT.com / Columnists / John…

By John Lounsbury. In a previous article reviewing my attendance at a small discussion group meeting with Treasury Secretary Geithner and other senior Treasury Officials, I left out one very important topic that was covered.  I also…

By John Lounsbury. I was privileged to attend a meeting at the Treasury Department in Washington on Monday afternoon, August 16. The two hour plus meeting was hosted by Senior Treasury Officials. There were three discussion leaders:…

This is me thinking out loud (on paper). Comments are appreciated. During crisis we often see economics come toe-to-toe with ideology because government becomes a more openly active player in our lives. This crisis has been no different.…

No wonder Goldman has resisted derivatives regulation so fiercely. A huge percentage of the firm's revenue comes from these activities (hat tip R.W.). The Wall Street Journal is reporting that as much as a third of the firm's revenue came…

By Annaly Capital Management The economic research staff at the Federal Reserve Bank of New York has been busy. Last week we wrote about the New York Fed’s Staff Report No. 458 , which discussed the shadow banking system in the United…

Given near universal austerity measures in Europe and thoughts of the same in the US, increasingly it looks like the emerging markets are expected to do the heavy lifting to sustain a global recovery. As I said recently, "for the…

Here's how one well-respected equity analyst sees yesterday's performance by Federal Reserve Chairman Ben Bernanke: The Fed has a disconcerting power over the financial markets The Fed is calling the tune – that much is clear. Many…